Plan Snapshot
- Plan Sponsor: Logan Contractors Supply, INC.
- Sponsor EIN: 421346050
- Sponsor Address: 4101 106TH STREET, URBANDALE, IA, 50322
- Plan Type: 401(k)
- Total Participants: 173
- Total Assets: $17.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 173 | $17.2M | $224,392 | $1.0M |
| 2023 | 177 | $16.0M | $248,199 | $1.0M |
| 2022 | 175 | $12.7M | $238,396 | $954,447 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CITY STATE BANK | NONE | $64,316 | — | $64,316 |
| MARTENS & COMPANY, CPA, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MARTENS & COMPANY, CPA, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,316
- Estimated Expense Ratio: 0.374% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $66,066 | — | — | — | — |
| 2023 | $57,129 | — | — | — | — |
| 2022 | $51,301 | — | — | — | — |